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Pending
  • Price cut: $2.5M (6/17)
    $1,480,000

    1621 Memory Ln, Sarasota, FL 34231

    --beds
    0baths
    0.47Acres
    : 
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    Unimproved Land
    Built in ----
    0.47 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Quiet no-through street
    1621 Memory Lane presents a rare opportunity to build a custom bayfront estate on Little Sarasota Bay in the Bayview Acres neighborhood, one of Sarasota’s most strategically positioned mainland waterfront communities. Situated on a quiet no-through street south of Stickney Point Road and west of Tamiami Trail, this expansive .47-acre parcel offers approximately 100 feet of direct frontage on the bay and the scale to design a significant coastal residence with generous outdoor living areas, pool, and the ability to construct a private pier, subject to permitting. The property is offered as a vacant lot for $1,480,000 or as a to-be-built custom residence by The Vision Group priced at $3,980,000, providing flexibility for buyers to bring their own builder or move forward with a fully designed plan. The setting delivers privacy and calm while remaining just minutes from the south bridge to Siesta Key and equally convenient to downtown Sarasota’s dining, arts, and cultural amenities. Continued investment along the U.S. 41 and Siesta Drive corridor, including Benderson’s planned retail and mixed-use development, further strengthens the long-term appeal of this location. The property is especially well suited for buyers transitioning off the barrier islands who want mainland accessibility without sacrificing water views, as well as inland residents ready to elevate to a true bayfront setting without HOA constraints. With limited remaining buildable bayfront parcels of this size and frontage—and new construction next door on a comparable lot estimated at $6 million in value—the economics present a compelling opportunity to build at a meaningful discount to neighboring new construction.
    178 days
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    233
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    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Treiman 917-657-7495,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Source: Stellar MLS,MLS#: A4677058MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Bay/Harbor - Full, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Bay/Harbor - Full,Intracoastal Waterway
      • Waterfront features: Bay/Harbor, Intracoastal Waterway, Bay/Harbor Access, Gulf/Ocean Access, Intracoastal Waterway Access, Seawall
      • Body of water: LITTLE SARASOTA BAY
      Lot
      • Size: 0.47 Acres
      • Features: Oversized Lot, Street Dead-End
      Details
      • Parcel number: 0109040021
      • Zoning: RSF2
      • Special conditions: None

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: NOT PART OF A SUBDIVISION
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Tax assessed value: $1,430,800
      • Annual tax amount: $16,465
      • Date on market: 1/6/2026
      • Cumulative days on market: 173 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Pending sale$1,480,000-62.8%
        Source: Stellar MLS #A4677058 Report a problem
        4/17/2026Price change$3,980,000+168.9%
        Source: Stellar MLS #A4677041 Report a problem
        4/17/2026Price change$1,480,000-62.8%
        Source: Stellar MLS #A4677058 Report a problem
        4/13/2026Pending sale$3,980,000+168.9%
        Source: Stellar MLS #A4677041 Report a problem
        3/5/2026Price change$1,480,000-62.8%
        Source: Stellar MLS #A4677058 Report a problem
        1/19/2026Price change$3,980,000+136.9%
        Source: Stellar MLS #A4677041 Report a problem
        1/6/2026Listed for sale$1,680,000-0.6%
        Source: Stellar MLS #A4677041 Report a problem
        5/27/2025Listing removed$1,690,000
        Source: Stellar MLS #A4640500 Report a problem
        5/5/2025Price change$1,690,000-15.5%
        Source: Stellar MLS #A4640621 Report a problem
        3/31/2025Price change$1,999,000-7%
        Source: Stellar MLS #A4640621 Report a problem
        3/13/2025Price change$2,149,900+0%
        Source: Stellar MLS #A4640500 Report a problem
        3/13/2025Price change$2,149,000-4.4%
        Source: Stellar MLS #A4640621 Report a problem
        2/14/2025Price change$2,249,0000%
        Source: Stellar MLS #A4640621 Report a problem
        2/14/2025Listed for sale$2,249,900
        Source: Stellar MLS #A4640500 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,152 -30.6%$1,430,800 -31.5%
        2024$24,726 +404.2%$2,088,000 +407.5%
        2023$4,904 +2%$411,398 +3%
        2022$4,808 -1.2%$399,416 +3%
        2021$4,869 -0.3%$387,783 +1.4%
        2020$4,884 +3.4%$382,429 +2.3%
        2019$4,726 $373,831 +1.9%
        2018$4,726 +2.2%$366,861 +2.1%
        2017$4,622 -1.5%$359,315 -68.6%
        2016$4,692 $1,146,100 +39.1%
        2015$4,692 +0.4%$824,100 +141.3%
        2014$4,675 +0.1%$341,581
        2013$4,672 +2.7%$341,581 +1.7%
        2012$4,550 +4.6%$335,871 +3%
        2011$4,350 -1.2%$326,088 +1.5%
        2010$4,401 +10.3%$321,269 +2.7%
        2009$3,992 $312,823 +0.1%
        2008$3,992 -1.1%$312,510 +3%
        2007$4,038 $303,408 +2.5%
        2006-- $296,008 +3%
        2005-- $287,386 +3%
        2004$4,215 -1%$279,016 +1.9%
        2003$4,259 +2%$273,814 +2.4%
        2002$4,175 +7.6%$267,396 +1.6%
        2001$3,880 +2.4%$263,185 +3%
        2000$3,788 $255,519

        Find assessor info on the county website

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        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34231

        Getting around

        37 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gulf Gate Elementary
        • Middle: Brookside Middle
        • High: Riverview High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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